AppFolio Q2 revenue rises on customer growth, raises FY outlook
APPF•Key quarterly figures
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $281.12 million | $277.24 million (8 analysts) |
| Q2 Adjusted EPS | Beat | $1.71 | $1.69 (7 analysts) |
| Q2 Net Income | $41.54 million |
The average analyst rating on the shares is buy, with 11 strong buy or buy recommendations, no hold ratings, and no sell or strong sell ratings.
Wall Street's median 12-month price target for AppFolio Inc is $225.57, about 39.1% above its July 22 closing price of $162.21.
The stock recently traded at 21 times next 12-month earnings, versus a P/E of 23 three months ago.
Full-year outlook raised
AppFolio raised its full-year revenue outlook to $1.117 billion-$1.127 billion.
The company also lifted its 2026 non-GAAP operating margin forecast to .
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